Decentralized, risk-free perpetual contract Shield submitted an ITO application. Shield has passed the preliminary review after the ITO Review Committee’s thorough examination and sufficient communication with the project.
The voting result from the $MASK community will decide whether Mask Network supports this ITO.
The Snapshot vote will last for 36 hours, all $MASK holders could vote “Yes” or “No” on this ITO. The quorum is 200,000 $MASK (the vote is not valid until there are at least 200,000 votes), with a more than 66.67% approval ratio.
About Shield
Shield is the first decentralized, risk-free perpetual contract. At Shield, we believe that only decentralized blockchain networks based on a fully non-cooperative game can build up a secure, stable, and open derivatives trading market in the long run. Shield is committed to developing a trustless, censorship-resistant, and accessible protocol that is also the next generation of global derivatives infrastructure.
Website:https://shieldex.io/
Shield ITO plan Total Value: $135,000 Limit Per Address: $675 Price per $SLD: $0.045 Quote Token: $USDT, $USDC
Requirements: $MASK balance at snapshot: ≥1000 Other requirements: KYC Certified
Notes: 1: A snapshot of the number of $MASK balance will be taken at a random time; 2: At the time of the snapshot, users with $MASK balance ≥300 can share the Airdrop Pool (more details will be announced on Twitter @shield_dao) 3: The KYC registration portal will be available by the time this voting ends and is passed on Shield Twitter @shield_dao and will be closed on June 4th, KYC submissions after that time will not be valid; 4: Considering the cost of participation and user experience, the final ITO start date will be determined based on the gas fee and will be announced at least one day in advance on Twitter @shield_dao; 5: The right of final interpretation is reserved to Shield.
liquidity pool after ITO closed Liquidity pool platform: Uniswap Liquidity pool currency: USDT + SLD Liquidity pool size: 200% worth ITO amount raised = 333,000 USDT + SLD equivalent (at 0.09 USDT/SLD)
Disclaimer about the Shield ITO Although Shield is managed and operated by DAO, in order to avoid potential risks, users from mainland China and the United States are prohibited from participating in this ITO and the Mask Network plug-in will restrict the use of IP addresses from mainland China and the United States. Therefore, if you want to participate in the ITO, please make sure that you do not live in these countries and regions and are not a citizen or tax resident of these countries and regions. If you choose to participate (by using the Mask Network ITO plugin or transferring digital assets to the ITO contract), you are by default not a citizen or tax resident of one of these countries.
Also, all users who participate in the Shield ITO have undergone identity verification (KYC) to ensure that they are not from mainland China and the United States. Your submission represents your assurance of the authenticity of the information submitted and your willingness to assume any other responsibilities that may arise as a result.
Important disclaimer Shield has scheduled three rounds of ITO, only the round announced above is reviewed by the ITO Review Committee. Once the voting passed (received at least 200,000 votes, with more than 66.67% approval ratio), Mask Network will support this round of ITO.
The other two rounds (details below) are permissionless ITO. Please see more information on Shield’s Twitter (@shield_dao) announcement. Mask Network appreciates Shield’s recognition in our ITO feature.
Round 2 Total Value: $108,000 Limit Per Address: $720 Price per $SLD: $0.045 Quote Token: $USDT, $USDC
Requirements: 1: KYC certified; 2: Complete tasks as requested by Shield; 3: Open to active Shield community users or from other collaborating KOLs and external communities.
Round 3 Total Value: $90,000 Limit Per Address: $1,000 Price per $SLD: $0.045 Quote Token: $USDT, $USDC
Requirements: 1: KYC certified; 2: Complete tasks as requested by Shield; 3: Open to active Shield community users or from other collaborating KOLs and external communities.